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Enterprise Resource Planning

Enterprise Resource Planning

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Published by Sudesh Kumar

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Published by: Sudesh Kumar on Sep 11, 2012
Copyright:Attribution Non-commercial

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04/09/2013

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Q1. Discuss the need of ERP in Retail Enterprises with example.Ans:Need of ERP in Retail Enterprises:Enterprise Resource Planning
systems or the ERP systems refer to thesoftware packages that integrate all the data and the related processes of anorganization into a unified Information System (IS). An ERP system uses acentral database that holds all the data relating to the various systemmodules. In order to achieve a seamless integration, an ERP system usesmultiple hardware and software components. ERP packages are heavily usedby
larger retail chains
. Designed to facilitate the administration andoptimization of internal business processes across an enterprise, ERPpackages have become the competitive tool for
most large retailorganizations.
ERP software uses a single database that allows the differentdepartments to communicate with each other through information sharing.ERP systems comprise function-specific components that are designed tointeract with the other modules such as the Order Entry, Accounts Payable,Accounts Receivable, Purchasing, Distribution etc.
EXAMPLE: 
It comprise of different modules such as order entry, purchase, sales,finances, inventory management, DRP (Distribution Resource Planning) andhuman resources. The components are designed to work effortlessly with therest of the system and provide a consistent user interface throughout thesystem.
Challenges to the Retail Enterprises:
1.Market competition2.Regulatory pressures
Problems with Enterprise Applications in the Retail sector:
1.Outdated architecture2.Limited scope3.High maintenance costs4.Integration and scalability problems
 
5.Increased risk to the business
Advantages of using ERP in Retail Enterprises:
Retail specific components
Segment specific expandability option
Support for the store system
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Q2. “Closed loop relations are often mandatory in ERP”- commentand explain.Ans:
ERP is a global, tightly integrated closed loop business solution package and ismultifaceted ERP promises one database, one application and one userinterface for the entire enterprise.ERP system enhances a manufacturer ability to accurately scheduleproduction, fully utilize capacity, reduce inventory, and meet promisedshipping dates.Closed-loop ERP- incorporates the aggregate production plan, the masterproduction schedule material requirements plan, & capacity requirementsplan.A closed-loop system is a software application that helps the manufacturerkeep track of inventory and use that knowledge, along with other productionvariables, to adjust future manufacturing plans.
 
In such a model, the original equipment manufacturer (OEM) takesresponsibility for the return loop (RL) process. Product returns (also known ascores) often come directly from customers or retail channels, but they can alsocome from production facilities in the form of manufacturing by-products orcomponents that fail to meet the manufacturer's quality control criteria.Returned products are counted as inventory because they can be inspectedand resold, refurbished or used for parts. By closing the loop and managingthe product lifecycle in a holistic manner, the manufacturer has more controlover both supply chain and manufacturing planning.
----------*------------*------------*------------
Q3. Suppose you have a new business process applied to yourbusiness process but your current ERP does not have thosecapabilities to process. How can you manage to make your companywith profit in this adverse situation?Ans:
Current ERP systems are complex, multi-module, multi-user systems that arein use in nearly every industry. Making changes to these finance, humanresource, and supply chain applications requires a well-planned process. It involves business partners, programmers, and project managers. Even simplechanges can affect the application code in multiple areas.
Main problems in ERP:
ERP systems have a complex structure (complexity kills security)
Mostly available inside a company (closed world)
Contain much different vulnerability in all the levels from network toapplication
Rarely updated because administrators are scared they can be brokenduring updates
To manage to make the company with profit in adverse situation weneed to follow the given below instructions:
Document the current system with use cases and a version controlprocess. This will give you a baseline of how the system is used, and

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